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to be buying. the president of the americas jerry smith joins us exclusively. good to have you on the program. >> thank you. >> thank you for joining us. a good story you are selling more tablets and devices than pcs, right? >> we are proud of that. in the quarter, we had an outstanding quarter. it's a reflection of our strategy, we are now teleselling more phones than tablets. that's a part of our pc plus. we believe we are a device company now. >> i want to ask you about. that all the speculation out there is what is going to happen with blackberry. are you in a position to acquire blackberry in. >> i can't comment on possible acquisitions. i will say right now organically we grew our smartphone business successfully. we will look at potential value and if it fits from a strategy perspective as well. >> so let's look at the difference here him i have a black brry in my hand. can these two merge and be a better device? what do you think, jerry? >> we will keep looking at all opportunities. >> why wouldn't you buy blackberry in they're so popular? what would stop you, seriously in. >> i think
that top analyst forecasts help aid long by better sales? north america. a nice stock entering today done about 20% from its highs earlier this month. as for those in the red, big oil taking a beating. exxon, mobile and chevron down more than 1%. so bill, big movers here for big names at least. back over to you. >> bank of canada though, was up. about 1% today. royal bank of canada. rbc with record earnings for the quarter. so now we ask, what's next for the bank? >> with cnbc exclusive interview, gordon nixon. ceo of rbc. >> nice to be back with you both. >> one thing that's clear from your earnings, is that rbc is making hay while the sun is shining. i whether i remember target earnings report, weakness in canada et cetera, do you see storm clouds gathering on the horizon for the canadian economy? >> we don't. by and large, you know, business continues to be very strong. record results in canadian banking. record results in wealth management and strong results across all of our other businesses with a strong 20% return on equities. so it feels pretty good. i think the outlook for the ba
is destroying the starnt of living of middle class america, destroying their wages and yes, prices go up. look at oil companies. i know a lot of oil stocks and oil companies aren't making a lot of money. look at oil stock s going up. $100 a barrel is not high enough for the oil company toes economically replace depleting reserves. oil prices are much too cheap. inflation driving up the cost of exploring for oil. oil needs to be $150 to $200 a barrel for the oil companies to make decent profits. >> just saying, why is it, if you're saying oil is going to $200, do the four contract reflect an oil price lower than where we are said to? >> the consensus is wrong. wrong about a lot of things. the consensus is wrong about gold. about the bond market. remember what people thought about internet stocks in 1999? or about real estate in 2007? whmp you have a consensus, it's generally wrong. so i'm not looking at what most people think is going to happen to the price of oil. i'm looking at what i believe is going to happen to the price of oil and i think i'm a better barometer than just the consensus opi
Search Results 0 to 2 of about 3